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Micro Gold Futures (Apr 2024)MM

Micro Gold Futures (Apr 2024)

2,334.8USD / APZD
+5.0+0.21%
At close at Apr 25, 2024, 16:08 GMT
USD / APZ
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MGCJ2024 trade ideas

Gold Defies the Fed – The Clash for a New Monetary Order🪙 Gold Defies the Fed – The Clash for a New Monetary Order 📈 🏆 Gold Bulls Rejoice — The Chart Speaks Loud From $1,700 to over $3,200 — gold has defied every rule in the macro playbook. It rallied through rising rates, a strong dollar, and a supposed tightening cycle. This move isn't just about demand — it's a signal . 📉 Interest Rate Timeline: 2020–2025 Gold moved counter to monetary logic — here’s the full context: 2022 🔺 R: 0.25 ➝ 4.50 Start of aggressive rate hikes – CPI peaked at 9.1% 🔥 2023 ⚒️ R: 4.50 ➝ 5.50 Peak tightening – gold didn’t flinch 2024 ✂️ R: 5.50 ➝ 4.25 Mid-year rate cuts – inflation cooled to 2.4% ❄️ 2025 🔁 R: 4.25–4.50 Fed paused, Trump pushing for deeper cuts – tariffs complicate the easing path 🇨🇳 The China Factor – A Strategic Gold Game #1 producer AND importer Keeps all domestic production Estimated holdings: 13,000–17,000 tons Investing globally (Africa, Asia, LatAm) Possible BRICS-backed gold currency on the horizon? China isn't just hedging inflation — it's preparing for monetary evolution. 💱 CPI From Fire to Frost 2022: CPI at 9.1% 🔥 2025: 2.4% ❄️ — near the Fed’s 2% target Yet despite “normal” inflation, the Fed holds — a sign of deeper uncertainty. 🧭 The 4 Modes of Gold – Explained on Chart Trump Mode : Aggressive cuts → Gold targets $3,300–$3,600 Feds Mode : Status quo → Gold tests $3,000 China Mode : Strategic surge → Long-term $3,998+ Bitcoin Mode : Digital store of value rises → Gold reverts to $2,537 zone These are not just technical levels — they represent global monetary narratives. 🕰️ Will History Repeat Itself? In 1873, Germany adopted gold. China stayed on silver — and lost its monetary edge. Today, it’s not silver vs gold — it’s gold vs Bitcoin . China stockpiles gold U.S. institutions embrace Bitcoin Trade wars have become currency wars This isn't a normal market — this is the early stage of a global monetary shift . 🔮 Final Thoughts We stand at the crossroads of history . Gold has already chosen its path. Bitcoin is waiting in the wings. And fiat? Under pressure. Stay awake. Stay diversified. The next monetary standard may already be forming. One Love, The FXPROFESSOR 💙
COMEX:GC1!
by FX_Professor
7
Will The Gold Rally End When Large Speculators Buy?A few weeks ago we reviewed Gold price action and positioning and how Large Speculators (blude column and traditionally trend followers) started to sell Gold which I could not explain. Well, they continued to sell Gold futures, and now Gold is breaking out making new all-time highs. If anyone knows who is buying this Gold, please comment and let me know, because it is not Hedge Funds trading with size (aka Large Specs). Small Specs (yellow column) have been buying but their size is so small, not sure that is what is driving price higher. As Gold continues to be the commodity to watch in 2025, when will the market turn? As long as it is not crowded to the long side, the trend can continue for a while, especially if Large Specs continue to sell. I would keep watching to see when they start buying week over week (not just one week), where they commit to the trend, and hopefully they get max crowded, providing a potential short trade in Gold with high reward to risk ratio. Until then, and as I always say, don't short all-time highs.
C
by Crowded_Market_Report
8
Gold trend directionGold 93887 has given V patten inside raising flag pattern. Based on chart formation we find the move could be a possible trap with 90587. We expect Gold to drop to test 90587 initially before the flag pattern break down and drop down to our earlier target . News : supply of gold has increased, demand has decreased. Central banks worldwide are expected to slow their pace of acquisition. According to a survey by the World Gold Council, 71% of central banks plan to either reduce their gold reserves or maintain current levels. Liquidity Concern :"We're getting a lot of stress in the gold market because of liquidity concerns and margin covering by speculators," said Bart Melek, head of commodity strategies at TD Securities.
M
by subravi
7
Gold "Breakout" - Dollar Tank EditionBought some GLD this morning because I couldn't think of any other play, and I'm watching the market drop and bond yields rise. Then I look at the dollar index and saw it dropping too. The Euros are selling off all US assets, that's why the drop happened between midnight and noon. The 2% "pump" wasn't really a pump, the dollar dropped 2% this morning. (Though there was a 0.5% actual pump before close.) Gold (in dollars) will break out if the dollar index drops below support (I posted a chart). I've been looking for a high confidence big trade, I'm going big on gold if the dollar loses support, and that can happen as early as tomorrow. Keep an eye on the dollar index, I'll be at work so I will not be posting my trade entry. Note that it's not really a breakout, if you look at gold futures in Swiss francs, it's not even near the top. Also, this trade does not apply to people trading in other currencies like Euros or yens. I think Trump ruined confidence in the dollar, the US market, and bonds. If that's the case, then gold is the way to go.
CLong
by hungry_hippo
8
Gold Futures– Expanding Triangle Top HypothesisAs of April 14, 2025, gold has surged to record highs near $3,265, but the technical picture suggests trend exhaustion. Price action resembles a potential expanding triangle top, with bearish divergence on RSI and momentum, declining volume on rallies, and seasonal cycles hinting at weakness into May–June. This may not be a fresh impulse but rather a volatile topping formation. If the triangle pattern holds, we could see a breakdown toward the $2,950–$2,800 zone before another base forms. Short-term traders should be cautious and consider scaling into shorts only on failed bounces near resistance. Longs may want to wait until strong support zones around $2,750–$2,850 show signs of stabilization. Risk/reward now favors defense over chase. Bearish Divergence Across the Board: RSI & Momentum indicators failed to confirm new highs Volume spiked on selloffs, not on breakouts Possible expanding triangle top forming (ABCDE pattern), often a major topping structure Cycle & Fibonacci Confluence: Seasonal weakness into May–June aligns with cycle top Key retracement targets: $3,045 → $2,950 → $2,870 → $2,800 Support zone to watch: $2,750–$2,850 Trade Strategy Ideas: Short-Term Plan (1–3 Weeks) Bias: Bearish or Neutral Pattern: Expanding Triangle (C Wave Possibly Unfolding) Key Levels: Resistance: $3,265 (recent high), $3,200 (round-number, prior Wave B) Initial Downside Targets: $3,045 (23.6% Fib), $2,950 (38.2%) Stretch Target: $2,870–$2,800 (50–61.8% Fib, Cycle Support Zone) Entry Plan (Short Bias): Consider short positions on weak bounce rejections near $3,200–$3,240 if momentum remains divergent. Watch for breakdowns under $3,100 with high volume confirmation. Stop Loss: Above $3,275 (new highs invalidate C wave assumption) Scale Out: Partial profits at $3,045, more at $2,950 Final Target: $2,870–$2,800 zone Re-evaluate: If strong reversal candles or bullish volume return before $2,950, exit early. Medium-Term Plan (1–2 Months) Bias: Wait for correction to finish before new long Key Timing: Cycle projection into late May–June 2025 Buy Zone (if correction unfolds): Primary: $2,750–$2,850 (50–61.8% retracement & prior breakout zone) Entry Strategy: Wait for a weekly bullish reversal candle or a clear RSI bottoming with momentum confirmation in the $2,750–$2,850 zone. Prefer entries during a low-volatility retest or after a capitulation flush into major support. Stop Loss: Below $2,700 Initial Targets for Bounce: $3,045 → $3,200 Scale Out Strategy: Scale in between $2,800–$2,750 Begin scaling out above $3,045 and $3,150 if bounce occurs Long-Term Plan (3–6+ Months) Bias: Neutral to Cautiously Bullish (contingent on structure post-correction) Trend Review: If correction resolves and price bases around $2,800, long-term bulls may re-enter. Invalidation of Bullish Thesis: A sustained break below $2,700 with heavy volume and commercial selling. Next Major Bullish Cycle Potential: Wave structure reset scenario: After expanding triangle resolution and larger ABC correction, new 5-wave impulse could begin in late Q2 2025. Macro-Level Support: If global macro uncertainty rises again, gold could re-target $3,300 and higher. Action: Remain flat until a confirmed low forms. Position building to be considered once weekly momentum resets and smart money returns. 📌 DYOR. Not financial advice. #Gold #GC_F #Futures #ElliottWave #TechnicalAnalysis #Seasonality #Momentum #RSI #ShortSetup
CShort
by AZ-Technical
1
Gold silver coffee4 15 25 I wanted to do this video before the market moved any higher today. I don't know if it's a paradox or not but it looks to me like gold is going to go higher today after it's been coiling since last week and I explained the Dynamics of a coil and the expansion of a coil and hopefully I said it clearly enough that you at least understand my point of view... and then whether it works or not it's a matter of what the market does and I can't change the market. so gold is near an all-time high and it looks like the buyers are coming in to take it higher but as it stands it's hard to know what's going on because it's early in the morning and nothing's really happening ... and my explanation would be that as bullish as the pattern is for gold to go higher it's still contracted. on the other hand silver is not contracted at all it is so expanded that there's a possibility that if silver starts going higher it can have very impressive moves because it's an expanded Market... and they move a lot better with a lot more efficiency than a contracted Market. and the Paradox is that the goal looks like it's going higher to a new high and the silver might go a lot higher because it's expanded. and I'm going to tell you right now if you read this none of it may happen ... but I would be very surprised if gold doesn't go higher... it only takes a few ticks. what really is going to be important to me... his if the silver actually trades the ABC pattern that I put on that chart because that pattern creates a very large Target area that can have tremendous effects on the silver market because it would be driven much closer to its all-time high which is $50.... so if silver goes several points higher there's a good chance it can attract more buyers to drive silver closer to its all time high..... in effect this changes the silver market which is lagging compared to the gold market.
C
by ScottBogatin
1
Short trade 15min TF overview 📉 Trade Breakdown – Sell-Side (GC!1 – Gold Futures) 📅 Session: Tokyo to London AM ⏰ Time: 4:45 AM 📉 Pair: GC! 1 (Gold Futures) 🧭 Direction: Short (Sell) Trade Parameters: Entry: 3324.7 Take Profit (TP): 3288.2 (–1.10%) Stop Loss (SL): 3331.3 (+0.20%) Risk-Reward Ratio (RR): 5.53 ✅ 🧠 Trade Narrative: A short setup during the transition between Tokyo and London. The trade idea is based on combining session timing with the sweep of Tokyo high, where gold often reacts to macro flow and liquidity grabs for a sellside trade idea.
CShort
by davidjulien369
1
gold trend direction .. Follow upGold 92870 - Has given a inside bar pattern ( bearish ) and signals are diverged suggests drop to 87300 goodreturns.in wrote : Market Outlook for Gold Prices in India According to a recent report by FXStreet, "Gold prices may witness a short-term pause as bulls take a breather following an extended rally. The report notes that while the fundamental outlook remains bullish, the metal appears slightly overbought on the daily chart." "From a technical standpoint, the Relative Strength Index (RSI) is currently hovering just above the 70 level, indicating overstretched market conditions. As a result, analysts suggest that it would be wise for traders to wait for some near-term consolidation or a modest price correction before entering new long positions."
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by subravi
Gold Trade Review – Potential Pop, Drop, then ATH's SetupWe are currently watching a potential pop and drop and potential ATH scenario developing in gold. Price is holding above a key daily level at $3,021.4 , which will serve as the critical pivot area. A sustained move below this level will likely trigger continuation toward the next significant daily level at $2,968.5 for T1, and potentially further into the weekly/daily support zone at $2,953.2 , with an extended target at the daily level of $2,929.0. I would expect that zone to provide support, though there is an untested area lower near the recent lows at $2,893.6. Ideally, I do not want to see price move much beyond our first weekly/daily support zone mentioned above but would lean on the lower level as a last ditch effort to hold the structure. From the current price structure, based on Fridays close there's also potential for a move higher into (#1) $3,058 , which is an untested daily level (approached from below). If this level acts as firm resistance, it could trigger the anticipated drop into the zones outlined above. Keeping an eye on being above or below $3,021.4 will be critical for progression in either direction.
C
by ViciTradingSolutions
4
Gold - The Blow Off TopAs gold hit a high today I took a look at the chart. Incredible run going back many years. But what goes up must come down. Based on a Fib-extension we can see where price has hit resistance and turned it into support. It happened at 1, 1.272, 1.618, and briefly at 2.618. It has remarkably pushed through that. So in my studies of markets and fibonacci I've found that 4.236 often times bring about the top on a parabolic move. So by following that logic I would put the top, at least a local one, at $3,800. Roughly 25% from here. Anyways, that's my 2 cents on Gold. Happy trading.
CLong
by MonkeyPhone
Gold4 10 25 this is a relatively short video 15 minutes maybe a little bit more looking at the dollar and looking at Gold. I think gold is getting ready to go higher and it's because of a pattern that developed last night. the way the bars are moving and expanding is triggering a belief for me that the market is going higher. there are reasons why it might go lower since it's in a Range box. the dollars going lower the Gold's going higher you have 1 or 2 bars that make incredible swings and those swings are bi-directional in that one goes up by a lot and then the next bar goes down by a lot..... this is because it's an expanding Market that makes money for buyers and sellers and expanding markets can be very stressful because they make big changes and then on the next bar you get a big change in the other direction.... so you have to think a little bit differently and count on what you think where both sides of the market.... the buyers and the seller and know where they are. if there's 1 point that I think is very important and that is that the 2 bar reversal when the market was at support is really where you would take the best trade based on the way I look for opportunity in a market and it's important to look at where that is and what it looks like because it makes a total difference and how your experience with your entries will change for the better.
CLong
by ScottBogatin
Weekly Market Analysis - 9th April 2025Here we are with another market analysis. This time, a bit late in the week on a Wednesday, but it is what it is! We have CPI today and PPI tomorrow, so this should be an interesting week. Overall, gut instinct tells me we would be pushing lower for the DXY, but again, i'm not betting anything on it. I trade the candles, I trade the structure, I don't trade guesses. I hope you find the video analysis useful. Take care this week! - R2F Trading
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by Road_2_Funded
Short XAU (Gold) Gold Futures are showing a very clean impulsive move through Elliot Wave TA. You can see the running flat on the 2nd wave leading to a very strong move on the Wave 3 major move. The Wave 5 is shorter than the Wave 3 to confirm the possible completion of this 5 Wave move up. A weaker DXY (USD) is throwing an obstacle to this beautiful setup. Let's see some stability to the bonds market which should lead to stability in the equities market. This should help propel traders taking profits on this Gold rush.
BShort
by LeroyJenkins13
1
Short trade 📉 Trade Breakdown – Sell-Side (CG1! Futures) 📅 Date: Thursday, April 10, 2025 ⏰ Time: 11:45 AM (New York Time) 🕒 Session: London to NY Overlap – Late NY AM 📉 Pair/Instrument: CG1! 📈 Trade Direction: Short (Sell) Trade Parameters: Entry: 3179.7 Take Profit (TP): 3149.7 (–0.94%) Stop Loss (SL): 3186.0 (+0.20%) Risk-Reward Ratio (RR): 4.76 Reason: Observing exhaustion in a rally before NY closes liquidity window with a price sweep into high (supply zone) signalling a reversal.
CShort
by davidjulien369